UBS Group Initiates Coverage on Xponential Fitness (NYSE:XPOF)

UBS Group initiated coverage on shares of Xponential Fitness (NYSE:XPOF) in a research report issued on Friday, Marketbeat.com reports. The firm set a “neutral” rating and a $8.00 price target on the stock. UBS Group’s price target indicates a potential upside of 16.79% from the company’s previous close.

XPOF has been the subject of several other reports. Raymond James Financial dropped their price target on Xponential Fitness from $15.00 to $14.00 and set a “strong-buy” rating for the company in a research note on Friday, August 8th. Weiss Ratings restated a “sell (d-)” rating on shares of Xponential Fitness in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $12.31.

Xponential Fitness Trading Down 3.2%

Shares of NYSE:XPOF opened at $6.85 on Friday. The stock has a 50 day moving average of $8.17 and a 200 day moving average of $8.59. The company has a market cap of $334.49 million, a PE ratio of -3.89 and a beta of 1.45. Xponential Fitness has a 12-month low of $6.64 and a 12-month high of $18.87.

Xponential Fitness (NYSE:XPOF) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.07. The company had revenue of $76.21 million for the quarter, compared to the consensus estimate of $77.23 million. The company’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.29) earnings per share. Xponential Fitness has set its FY 2025 guidance at EPS. Equities research analysts predict that Xponential Fitness will post 0.61 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Bruce N. Haase purchased 70,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average price of $7.67 per share, for a total transaction of $536,900.00. Following the acquisition, the director owned 95,937 shares of the company’s stock, valued at approximately $735,836.79. This represents a 269.88% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 42.26% of the company’s stock.

Institutional Trading of Xponential Fitness

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Ameritas Advisory Services LLC purchased a new stake in Xponential Fitness during the 2nd quarter valued at $37,000. Cerity Partners LLC purchased a new stake in Xponential Fitness during the 2nd quarter valued at $82,000. Militia Capital Partners LP purchased a new stake in Xponential Fitness in the second quarter worth $126,000. PharVision Advisers LLC purchased a new stake in Xponential Fitness in the second quarter worth $138,000. Finally, AlphaQuest LLC increased its stake in Xponential Fitness by 453.8% in the second quarter. AlphaQuest LLC now owns 21,312 shares of the company’s stock worth $160,000 after purchasing an additional 17,464 shares during the period. Hedge funds and other institutional investors own 58.55% of the company’s stock.

Xponential Fitness Company Profile

Xponential Fitness, Inc, through its subsidiaries, operates as a boutique fitness franchisor in North America. It offers pilates, indoor cycling, barre, stretching, rowing, dancing, boxing, running, functional training, and yoga services under the Club Pilates, Pure Barre, CycleBar, StretchLab, Row House, YogaSix, Rumble, AKT, Stride, and BFT brands.